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WuXi XDC Cayman, Inc. Announces 2024 Share Scheme Grant

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WuXi XDC Cayman, Inc. ( (HK:2268) ) just unveiled an update.

WuXi XDC Cayman, Inc. has approved the grant of 5,387,735 restricted shares to 287 grantees, including directors and employees, under its 2024 Share Scheme. This initiative aims to motivate employees by providing a personal stake in the company, with shares vesting over a five-year period. The grant is based on work performance and potential, without additional performance targets, and includes a clawback mechanism for cases of misconduct.

More about WuXi XDC Cayman, Inc.

WuXi XDC Cayman, Inc. operates in the financial sector and is incorporated in the Cayman Islands. The company focuses on providing equity-based remuneration schemes, such as share grants, to its directors and employees, aligning with its market focus on optimizing employee performance and efficiency.

YTD Price Performance: 9.79%

Average Trading Volume: 8,138,645

Technical Sentiment Signal: Sell

Current Market Cap: HK$40.41B

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